More upside? Congrats to those who manage to lock in some positions over the past few days....
Sent: Monday, 30 November, 2015 9:23 AM
Subject: ************ Alliance Mineral: Strong rebound in Progress, Next resistance at 0.130 - 0.135 key.... price 0.127
Subject: ************ Alliance Mineral: Strong rebound in Progress, Next resistance at 0.130 - 0.135 key.... price 0.127
Alliance Mineral has seen a strong rebound over the past week after breaking above the channel resistance line that it has traded below for more than a year. MACD has turned upwards firmly with 20 day MA line also starting to reverse. This could be the beginning of a longer term recovery with support at 0.120 now. Any further breakout above the 0.130 – 0.135 level can see more buying pressure to take it to 0.150 then 0.170 first and eventually 0.200. Indicators looking positive with more upside likely as long as 0.120 holds. Volume seen on the upticks last week a further positive of strength.
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